Earnings Volatility Drives Allied Nevada Gold Corp and These Stocks in a New Direction
Allied Nevada Gold Corp (AMEX:ANV) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 42.86% to $0.04 in the quarter versus EPS of $0.07 in the year-earlier quarter. Revenue Rose 75.23% to $59 million from the year-earlier quarter.
Allied Nevada Gold Corp reported adjusted EPS income of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.08. It missed the average revenue estimate of $81.44 million.